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ready for a move
PNB HOUSING FIN LTD.
Long
ready for a move
By PraffulAgarwal
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Feb 19, 2023
3
2
1
1
Feb 19, 2023
1. 406 days rounding bottom
2. 291 depth of cup
3. 6 weeks handle with 15 % retracement
4. volume build up during upmove to resistance beyond that they dried up in retracement
trade
positions can be build in stages
1. break and close above 603
2. if and when volatility squeezes
3. view negates below handle
target
ATH
Chart Patterns
cupandhandlepattern
Trend Analysis
PraffulAgarwal
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